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US pick Ajay Banga confirmed as new World Bank president
US pick Ajay Banga confirmed as new World Bank president
by  AFP

The World Bank confirmed Wednesday that Ajay Banga will be its next president, handing him the reins at a pivotal time as it looks to reshape its role to better address climate change. - Climate concerns - Banga will enter his new role at a difficult time for the world economy, with slowing global growth and high interest rates in many major economies.

'Remarkable' Alzheimer drug reduces cognitive decline, results show
'Remarkable' Alzheimer drug reduces cognitive decline, results show
by  AFP

US drugmaker Eli Lilly on Wednesday announced its experimental Alzheimer's drug significantly slowed cognitive and functional decline, results hailed as "remarkable" by experts. Lilly said it would rapidly submit its results to the US Food and Drug Administration as well as other global regulators.

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